Company PVH Corporation
Country United States
Email n.a.
Telephone +1 800 950 2277
Market Segment Bridge
Core Business Shoes

Bass Financial Report 2018

 
 

PVH Corporation Financial Report

Income Statement Trend

Total Revenue

It includes the overall revenue of the company, considering not only the sales of finished goods, but all of the sources of the company income.

Operating Margin

Also known as ROS - Return on Sales, it measures the percentage of sales revenue that gets 'returned' to the company as net profits after all the related costs of the activity are deducted. The figure is about the latest fiscal year available.

Net Profitability

It's a measure of a company's overall profitability, i.e. how much of its sales are converting to profit. The value given is the amount of sales needed to generate one currency unit of post tax profit. Negative values mean that the company has a negative level of post tax profit. The figure is about the latest fiscal year available.

Profit Ratio

It's a key measure of success. The profit ratio measures the amount of profit generated by each single currency unit of sales. The figure is about the latest fiscal year available.

Income Statement Highlights

in Millions of USD20192018Δ
2019/2018
2017Δ
2018/2017
2016Δ
2017/2016
CAGR
Total Revenue        
Cost of Sales        
Gross Profit        
Operating Income        
Net Income        

Balance Sheet Highlights

in Millions of USD20192018Δ
2019/2018
2017Δ
2018/2017
2016Δ
2017/2016
CAGR
Current Assets        
Total Assets        
Current Liabilities        
Equity        

Official Websites

Bass website
Bass ecommerce

Brand doesn't have an official ecommerce

Official Social Media

Brand Description

Establishment

Year
1876
City
New York
Country
United States

Founder

George Henry Bass

Designer

Team of designers

Profile

G.H. Bass & Co. is an iconic footwear brand that embodies classic American style by combining New England prep, rugged outdoor design, and industry renowned quality and durability. Born of the craftsmanship of an American entrepreneur, George Henry Bass, the brand has been associated with creating and defining trends in the footwear industry since 1876. Bass footwear, particularly the beloved Weejuns penny loafer, embody a look that is at once collegiate, classic and universally wearable. Bass footwear, as well as G.H. Bass & Co. apparel and apparel-related products, is primarily sold in the United States, with distribution through the wholesale, retail and e-commerce channels. In addition, the Bass brand has select international distribution and maintains strong global brand awareness.

Today, Bass continues to be relevant as an American classic, enjoying international acclaim in 2011 with a Weejuns collection designed by Tommy Hilfiger that was sold by some of the most prestigious fashion retailers in Europe. It also recently launched the 75th anniversary collection of Weejuns loafers in the United States. Both limited-edition collections represent the standard in premium design and are hand-crafted with a unique dedication to both quality and construction. Weejuns also recently celebrated exciting collaborative collections with designers Rachel Antonoff and Mark McNairy for women's and men's shoes, respectively. Successfully distributed in our own Bass retail stores and retailers like Bloomingdales, Nordstrom's, and J. Crew, these distinctive collections have added modernity and style to the classic portfolio of Bass products for the past two years.

The History

The history of the Bass brand is truly the story of its historic footwear. From G.H. Bass & Co.'s inception, its reputation for quality made it the top choice of celebrities, adventurers and American heroes. The Bass Aviation Boot was the official aviation boot for the U.S. Army in World War I. In 1927, Charles A. Lindbergh wore a pair of Bass Aviation Boots on his historic solo flight from New York to Paris. In 1930, legendary golfer Bobby Jones won the only Grand Slam in golfing history wearing Bass Sportocassins and Admiral Robert Byrd wore Bass boots on his "Antarctic Expedition II" from 1933-1935, as he explored the South Pole.

Many other Bass shoes have made their mark on history and culture: the white Bass Bucs Pat Boone popularized as an entertainer in the 1950's; Sunjuns, the classic women's summer sandal, and Bass Driving Balmorals, one of the earliest spiked logger boots. Perhaps no Bass shoe has a history that is richer or more enduring than that of the Weejuns, the first penny loafer. Currently celebrating the 75th anniversary of their introduction, Weejuns were inspired by a Norwegian slip-on moccasin style "loafer" that was popular in Europe and with visiting Americans. G.H. Bass & Co. seized upon the idea, adding, among other things, a strip of leather across the saddle with a diamond cut out that American prep schoolers later embellished by inserting a penny into the top. The look gave rise to the iconic "penny loafer" term now applied to loafers, generally. The popularity of the Weejuns was instant. Renowned for comfort, durability and hand-stitching, the trend spread across New England and its plentiful prep school and college campuses. In the 1960's, the Weejuns look was at the height of its popularity, but classic design and universal appeal continue to make Weejuns a wardrobe staple today. Throughout their history, Weejuns have been photographed on the likes of James Dean and have been moonwalked in by Michael Jackson.

PVH acquired G.H. Bass & Co. and its Bass brand in 1987. PVH has continued to respect the beloved styles and solid workmanship that made G.H. Bass & Co. famous and so many of its shoes timeless classics. Bass footwear captures the essence of American casual and weekend footwear and continues to be the brand of choice for those who seek quality, style, and value.

Business Strategy

Market Positioning

Bridge

Core Business

Shoes

Target

Men
Women
Kids

Product Categories

Shoes
 

PVH Corporation profile

Name PVH Corporation
Website pvh.com
Country United States
VAT Number n.a.
Telephone +1 212 381 3500
Fax +1 212 381 3950
Date of foundation 1881
Type of Company Listed

Headquarters

200 Madison Avenue New York, NY 10016 United States

Ownership (Top Shareholders)

Fidelity Management and Research Company : 14.36%
Goldman Sachs Asset Management, L.P. : 8.89%
Apax Partners Inc : 6.59%
Vanguard Group, Inc. : 3.70%
Earnest Partners LLC. : 2.94%
Systematic Financial Management L.P. : 2.93%
Jennison Associates, LLC : 2.81%
State Street Corp : 2.13%
Columbia Wanger Asset Management, L.P. : 2.10%
Fred Alger Management, Inc. : 1.98%
 

Are you from Bass?

Or perhaps you need help to leverage your brand's power to deliver real business impact?

We have solutions for your needs!

Contact Us